


<p class="MsoNormal" style="margin-left:.5in"><span style="font-size:12.0pt;
mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">This is the Heading
here<br style="mso-special-character:line-break">
<!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
<!--[endif]--><o:p></o:p></span></p>

<ul style="margin-top:0in" type="disc">
 <ul style="margin-top:0in" type="circle">
  <li class="MsoNormal" style="mso-list:l0 level2 lfo1;tab-stops:list 1.0in"><span style="font-size:12.0pt;mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">What
      is your name<br style="mso-special-character:line-break">
      <!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
      <!--[endif]--><o:p></o:p></span></li>
  <li class="MsoNormal" style="mso-list:l0 level2 lfo1;tab-stops:list 1.0in"><span style="font-size:12.0pt;mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">For
      a Continuous Random Variable, probabilities of an interval of values are
      represented by areas (that are sectioned off by vertical slices).<br style="mso-special-character:line-break">
      <!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
      <!--[endif]--><o:p></o:p></span></li>
  <li class="MsoNormal" style="mso-list:l0 level2 lfo1;tab-stops:list 1.0in"><span style="font-size:12.0pt;mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">For
      a Continuous Random Variable the probability that X=(<i style="mso-bidi-font-style:
      normal">any specific value</i>) = 0.<span style="mso-spacerun:yes">&nbsp;
      </span>For a continuous variable there are an infinite number of possible
      values the variable can have.<span style="mso-spacerun:yes">&nbsp; </span>Even
      if you think of each one as equally likely (as in a Uniform Distribution),
      the probability of any one particular value is 1/(infinity) which is 0.<br style="mso-special-character:line-break">
      <!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
      <!--[endif]--><o:p></o:p></span></li>
  <li class="MsoNormal" style="mso-list:l0 level2 lfo1;tab-stops:list 1.0in"><span style="font-size:12.0pt;mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">"<b style="mso-bidi-font-weight:normal"><i style="mso-bidi-font-style:normal">expected
      value</i></b>" is a term that means the mean (average)<br style="mso-special-character:line-break">
      <!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
      <!--[endif]--><o:p></o:p></span></li>
  <li class="MsoNormal" style="mso-list:l0 level2 lfo1;tab-stops:list 1.0in"><span style="font-size:12.0pt;mso-bidi-font-size:9.0pt;font-family:&quot;Calibri&quot;,sans-serif">the
      mean (“expected value”) is the "balance point" of the area<br style="mso-special-character:line-break">
      <!--[if !supportLineBreakNewLine]--><br style="mso-special-character:line-break">
      <!--[endif]--><o:p></o:p></span></li>
 </ul>
</ul>

<p class="MsoNormal"><o:p>&nbsp;</o:p></p>


